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NJM Precision Pay

Pay Your Premium as You Go

NJM's Precision Pay offers policyholders a "pay‑as-you-go" workers' compensation solution. The program enables businesses to pay their premiums based on actual payroll, rather than estimates.

Customer Benefits

First thing to know about NJM Precision Pay: It's free. There is no extra charge or monthly fee for this service. It will help improve your cash management and reduce unfavorable audits. There's no down payment and deductions are automatic using secure, state-of-the-art encryption. Get started with NJM Precision Pay by calling 1-800-232-6600, ext. 8352.